award

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award

Law
a. the decision of an arbitrator
b. a grant made by a court of law, esp of damages in a civil action

award

A communication from an owner accepting a bid or negotiated proposal. An award creates legal obligations between the parties.
References in periodicals archive ?
39 per cent of companies said they would complain to a contract awarder if they felt they had lost out due to corruption (70 per cent in South Africa), compared to just eight per cent of respondents in 2006.
and JAS-ANZ, well known awarder of accredited certificates to organizations in various countries including India.
By Bill Barber BRITISH racing's recruitment, training and education sector is set to be restructured and, as a result, it has been proposed the responsibilities of the British Horseracing Education and Standards Trust (BHEST), the sport's principal awarder of training qualifications, be much reduced.